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Cent VISVAS Scheme



* To provide direct benefit of lower rate of interest to the eligible Self-Help Groups (SHG’s)/individual beneficiaries who have availed loans through Public Sector Banks and other financial Institutes



SHGs registered with NRLM/NULM OR NABARD having all members belonging to either SC (100%) or OBC (100%) and individual SC or OBC borrowers having annual family income less than Rs3.00 Lakh


Nature of facility

* Term Loan/Cash Credit 


Quantum of Loan

For SHGs- Max Rs4.00 Lakh

For Individuals- Max Rs2.00 Lakh






* Primary Security - Hypothecation of Assets created out of Bank Finance .
* Collateral - NIL


Interest Rate

Above Rs3.00 lakh to Rs4.00 lakh

MCLR + 1.35%
MCLR + 2.50%


Interest Subvention

5% from NBFDC/NSFDC for loan tenure upto maximum 5 years.


Processing Charges

* Upto Rs 3 Lakh/- : Nil

* Above Rs 3 Lakh/- : @0.30 %


Upfront Fee


* Upto Rs 3 Lakh/- : Nil

* Above Rs 3 Lakh/- : 50% of 1.25% (i.e. 0.625 %) 




* Cash Credit-Limit is for  5 years to be renewed every year

Term Loan- Max 5years (including moratorium of max 3 months).